New Service Brings Together Loan Buyers and Sellers

Sellers post available loans; buyers can view available loan bundles.

Business Partners LLC (BPLLC) announced the launch of its newest service, BP Connect. The service is an online marketplace that connects financial institutions looking to purchase loans with those that are selling loans.

This service leverages BPLLC’s loan participation platform to create an online marketplace where buyers and sellers can interact directly.

Sellers can post the loans they have available for viewing by interested buyers. Potential buyers can view available loan bundles and receive a daily alert with newly posted loans.

“We’ve removed the middleman and created an environment where buyers and sellers can easily find each other and conduct business using our advanced loan participation platform and tools,” says Jean Faenza, president/CEO of BPLLC.